Media Markt
Fashion
adidas apologises after backlash over refusing to pay rent amid coronavirus scare
German sportsgear maker adidas on Wednesday said it had made ‘a mistake’ when it decided not to pay rent on its shuttered shops in April, after the move sparked a widespread outcry. adidas was one of a string of...
Retail
Metro posts operating loss at Media Markt, Saturn shops
Metro AG (MEO) said its Media-Saturn household electronics unit posted an operating loss of 44 million euros ($64 million) in the second quarter as sales dropped. Media-Saturn had a “strong” decline in comparable sales in Germany in the period,...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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